Legal Definition and Related Resources of Callable

The power of the issuer of bonds or preferred shares of stock to redeem all or part of the bonds or preferred shares prior to maturity .

A financial security such as a bond with a call option attached to it, i.e., the issuer has the right to call the security.

A bond issue, all or part of which may be redeemed by the issuing corporation under specified conditions before maturity. The term also applies to preferred shares that may be redeemed by the issuing corporation.

Browse or run a search for Callable in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Callable in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Callable in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Callable in the Legal Abbreviations and Acronyms Dictionary.

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